Waterloo & City line re-opens ahead of schedule as tube use rises June 7, 2021 Waterloo & City line re-opens ahead of schedule as tube use rises
G7 leaders ink landmark global tech tax agreement June 5, 2021 The G7 has agreed a landmark deal to crack down on tax avoidance by major tech companies. The group of rich nations today committed to a global minimum corporation tax rate of at least 15 per cent on a country by country basis. “We commit to reaching an equitable solution on the allocation of taxing [...]
Explainer: What is the G7 global tax deal and what will it mean? June 5, 2021 Finance ministers from the Group of Seven (G7) rich nations reached a landmark accord today backing the creation of a global minimum corporate tax rate of at least 15 per cent, an agreement that could then form the basis of a worldwide deal. Such a deal aims to end what US treasury secretary Janet Yellen [...]
JP Morgan freezes donations to Republicans who contested election June 5, 2021 JP Morgan will resume making donations to US politicians but will snub Republicans who voted to overturn President Joe Biden’s election victory. The Wall Street giant was among a host of corporations that halted political donations following the deadly storming of the Capitol in January, which was spurred on by former president Donald Trump. Hours [...]
G7 nations ‘one millimetre away’ from agreement on global tax deal June 4, 2021 The G7 nations are close to agreeing a historic global taxation deal after finance ministers met for the first time today. Finance ministers from the countries met for the first time since the start of the pandemic with plans to close the net on large corporates which do not pay their fair share of tax [...]
London’s ‘unsung bridge’ lights up to mark its 100th birthday June 4, 2021 It has survived a bombing during the Blitz, witnessed tragedy on the Thames and appeared in a Harry Potter film… this weekend one of London’s unsung bridges marks its 100th birthday. Unlike most centenarians, Southwark Bridge won’t get a telegram from the Queen, but it did receive a royal christening, opened amid pomp and ceremony [...]
Exclusive: Government set to take ‘gentle’ approach to get people back to the office June 4, 2021 The government is set to take a “gentle” approach in getting people back to the office this summer, with working from home advice also expected to be scrapped on 21 June if the roadmap goes ahead as planned. Government sources told City A.M. that ministers will not take a hardline approach to get people back [...]
Nico Rosberg on running his own motor racing team in Extreme E, striking deals with sponsors and recruiting drivers on Instagram June 4, 2021 It is five years since Nico Rosberg performed the ultimate mic drop, walking away from Formula 1 just days after being crowned world champion. Rosberg hasn’t completely abandoned the spotlight since. He has enjoyed a high-profile second career as an investor, particularly in tech companies and those with a green agenda, while staying involved in [...]
Mullins in private equity talks that could value Pimlico Plumbers at £100m June 3, 2021 Pimlico Plumbers boss Charlie Mullins is in talks to sell off part of his company, in a move that could value the business at £100m. Mullins is in talks with private equity firms about a deal, and has hired Cavendish Corporate Finance to advise on the sale, Bloomberg first reported. It is understood a number [...]
Rishi Sunak prepares to chair G7 finance ministers summit in London June 3, 2021 Rishi Sunak will tomorrow chair the first day of this year’s G7 finance ministers summit in London, with a global taxation deal set to be on top of the agenda. The chancellor has said his major priorities for the two-day summit will be an agreement on a global tech tax and to urge other G7 [...]